The Chinese owner of Volvo Car Corp said full-year profit at its local automaking unit probably doubled, topping analysts’ estimates and allowing billionaire founder Li Shufu (李書福) to turn his focus to another major acquisition in Sweden.
Net income last year at Geely Automobile Holdings Ltd (吉利汽車) increased “around 100 percent” from 5.11 billion yuan (US$783.5 million at the current exchange rate) in 2016, the Hong Kong-listed unit of Li’s Zhejiang Geely Holding Group Co (浙江吉利) said on Tuesday in an exchange filing.
Quelle + Volltext: www.taipeitimes.com/News/biz/archives/2018/01/11/2003685555
Net income last year at Geely Automobile Holdings Ltd (吉利汽車) increased “around 100 percent” from 5.11 billion yuan (US$783.5 million at the current exchange rate) in 2016, the Hong Kong-listed unit of Li’s Zhejiang Geely Holding Group Co (浙江吉利) said on Tuesday in an exchange filing.
Quelle + Volltext: www.taipeitimes.com/News/biz/archives/2018/01/11/2003685555